REG - Compagnie St-Gobain - Capex
RNS Number : 3054JCompagnie de Saint-Gobain28 March 2018PRESS RELEASE
March 28, 2018
Saint-Gobain INCREASES ITS production CAPACITY IN ROMANIA
TO SUPPORT THE FAST-GROWING INSULATION MARKET
Saint-Gobain has announced the modernization and extension of its ISOVER plant's stone wool production line in Ploiesti, Romania, due to come on stream in the second half of 2019.
This renovation will considerably increase the plant's production capacity, taking it up to 30,000 tons a year, and extend its range of products for the Romanian market and neighboring countries. It will also enable Saint-Gobain to strengthen its positions on the insulation market and meet the rising growth in demand in South-East Europe.
Saint-Gobain ISOVER has run operations on its Ploiesti site since 1997, with a glass wool line currently being modernized and due to start up in July 2018, and a stone wool line.
ABOUT SAINT-GOBAIN
Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.
€40.8 billion in sales in 2017
Operates in 67 countries
More than 179,000 employees
www.saint-gobain.com
@saintgobain
Analyst/Investor relations
Media relations
Vivien Dardel
Floriana Michalowska
+33 1 47 62 44 29
+33 1 47 62 35 98
Laurence Pernot
Susanne Trabitzsch
+33 1 47 62 30 10
+33 1 47 62 43 25
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCLLFEEVFITFIT
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